Insurance: How to avail the free-look period benefit
Are you satisfied with your life/health insurance policy that you recently bought? If not, Insurance Regulatory and Development Authority (IRDA) provides you a provision that allows you to return the policy within a specific period called ‘free-look period.’ This means that from the time you receive your policy documents, you get 15 days (even […]
AFGHANISTAN & BEYOND
By Binay Dash, CEO, Visista Insurance Brokers 23 August,2021. The Taliban seized control of Afghanistan, with suddenness, that seems to have caught the world off guard. India lost what they had built over the last two decades and perhaps, allowed other neighboring nations to fill the space. India could have persuaded the United States to […]
AUTONOMOUS CARS AND AUTO INSURANCE
By Sailesh Kandimalla, Visista Insurance Brokers 23 July 2021 Autonomous vehicles offer the promise that 20 years from now we will live in a world where cars take themselves to the fill-up fuel or charge up for the next morning drive, where we can enjoy texting without getting totaled and getting a learner’s permit will […]
BLOCKCHAIN MEETS THE INSURANCE INDUSTRY
By Sailesh Kandimalla, Visista Insurance Brokers 23 July 2021 What is Blockchain? Blockchain a peer-to-peer network that sits on the top of the internet was introduced in October 2008 as a part of proposal for Bitcoin, a virtual currency system that eschewed central authority for issuing currency, transferring ownership and conforming transactions. In a digital […]
Bundled Health Insurance: A bouquet of opportunities?
By Murad Jawed, Visista Insurance brokers 9 July 2021 COVID-19 pandemic which began as a relatively small-scale epidemic in end of 2019, has spiralled into one of the deadliest health and financial catastrophe on a global scale in history. While the immediate impact on the health and wellness of people, including both the physical and […]
Covid-19: IRDAI has extended the grace period for policy holders to pay their premium till May 31, 2020.
Insurance Regulatory & Development Authority of India (IRDAI) has further extend the grace period for renewal of life insurance policies which were due in March. The new extended date is 31st May as the lockdown has been extended twice by the authorities to fight the Covid-19 pandemic. Earlier on March 23rd and April 4th, the insurance regulator had announced an […]
5 reasons why you should buy long-term health insurance to secure your finances, health
In India, many people avoid buying insurance, thinking it is an unnecessary expense. People in their early 20s believe that they are fit and nothing can happen to them ever. Some, on the other hand, believe that they need to start worrying about health only after they reach 50 years of age. However, that’s not […]
Health Insurance Cost to more
KRA- Health Insurance Cost to more Biggest non-life insurer hikes med rates by 25% Mumbai: India’s largest nonlife insurer New India Assurance (NIA) has increased premium on health insurance by an average of 25% for individuals. Along with the revision in rates the company has done away with the rate differential based on region and […]
Insurance companies must play active role in investee firms’ meetings
The insurance regulator has asked companies to play an active role in the general meetings of investee companies and engage with the management at a greater level to improve governance so as to increase returns on investments for insurers. “Insurance companies are significant institutional investors in listed companies and the investments are held by them […]
Insurance ownership among women increases in India
Women in urban India registered a sharp increase in life insurance ownership and awareness over the last 12 months, according to Max Life Insurance’s India Protection Quotient 2.0 (IPQ 2.0) survey released in conjunction with Mother’s Day. (SOURCE: Asia Insurance Review- May 11, 2020)
